The specs
CrediblyBankers Healthcare Group (BHG)
Product typeMulti-productTerm
Amount range$5K – $600K$20K – $500K (professional loans); up to $200K credit cards
Cost (factor / APR)Factor 1.11+ (MCA); APR varies (term)APR 9 – 25% (term loans); business credit cards separate
Speed to fundAs fast as 4 hours3 – 7 business days after document review
Min time in business6 months24 months
Min monthly revenue$15,000Practice / professional income basis — not monthly revenue
Min credit score550+700+
Products
- MCA
- Working capital LOC
- Short-term term loan
- Professional term loans
- Practice acquisition loans
- Business credit cards
- Patient financing
Verdicts by use case
- Licensed physician, dentist, vet, or optometrist with 700+ FICO — Winner: Bankers Healthcare Group (BHG). Bankers Healthcare Group (BHG) is structurally the primary option for any licensed healthcare professional with 700+ FICO. BHG underwrites against professional license + income + credit at APR 9 – 25% — materially cheaper than Credibly MCA factor 1.11 – 1.40 (effective APR 22 – 80%). For qualifying licensed professionals BHG wins on cost by 15 – 50 percentage points effective APR. The 2026-06-28 playbook for licensed healthcare practices: apply to BHG first.
- Healthcare practice with 650 FICO or sub-700 credit — Winner: Credibly. BHG's 700+ FICO floor is strict — sub-700 healthcare practices are structurally declined regardless of license. Credibly accepts 550+ FICO. For credit-recovering healthcare practice owners or newer practices where the owner FICO hasn't reached 700+ Credibly is the structural fit in this pair.
- Non-licensed healthcare business (medical supply distributor, home health agency without licensed clinical owner, urgent care management company) — Winner: Credibly. BHG funds licensed professionals only — physicians, dentists, vets, attorneys, CPAs, optometrists. Non-licensed healthcare business categories (medical supply distributors, home health agencies without licensed clinical ownership, urgent care management companies, medical billing companies) are structurally outside BHG's product. Credibly's industry-agnostic underwriting funds these business categories. For non-licensed healthcare-adjacent businesses Credibly is the structural fit.
- Practice needing same-week capital for equipment failure or emergency — Winner: Credibly. Credibly funds in as fast as 4 hours. BHG advertises 3 – 7 business days after document review but practice loan underwriting typically extends to 7 – 14 days because of license verification, malpractice insurance review, and professional income documentation. For practice emergencies (autoclave failure, X-ray equipment breakdown, sudden staff payroll gap) Credibly is the structural same-week option. Use BHG for planned capital events with 2 – 4 week lead time.
- Practice acquisition financing ($500K – $5M) — Winner: Bankers Healthcare Group (BHG). BHG funds practice acquisition loans up to $500K plus offers practice expansion and patient financing products designed for healthcare acquisitions. For practice acquisition use cases BHG's professional-acquisition underwriting framework is structurally appropriate; Credibly's $600K MCA cap can fund smaller acquisitions but the MCA structure (daily ACH, 9 – 12 month payoff) is operationally hostile to acquisition financing which typically wants 5 – 10 year amortization. For acquisitions BHG plus SBA 7(a) through Live Oak or Lendeavor (now Provide) is the structural path; Credibly is not the right product.
The honest takeaway
Credibly and Bankers Healthcare Group (BHG) solve overlapping but distinct problems. The right choice depends on three things you already know about your business: how fast you need the money, how long you've been operating, and whether the capital need is one-time or recurring.
Frequently asked questions
- I'm a dentist with 720 FICO and 8-year-old practice — BHG or Credibly for $200K working capital?
- BHG is structurally the primary option for this file. BHG underwrites against dental license + practice income + 720 FICO at APR 9 – 18% on $200K working capital = approximately $14,400 – $32,400 in interest over 24-month repayment. Credibly MCA at factor 1.20 – 1.28 on $200K = $40,000 – $56,000 in total fees over 9 – 12 month repayment cycle — about 2 – 3x more expensive than BHG headline cost. The 2026-06-28 healthcare practice playbook: for licensed professionals with 700+ FICO and 5+ year practice history BHG is structurally the cheapest non-SBA capital option (SBA 7(a) through Live Oak or Lendeavor / Provide may be cheaper but takes 30 – 60 days). The structural caveat: BHG underwriting takes 3 – 7 business days post-document review which often extends to 7 – 14 days total — if you need cash in 4 hours for an emergency autoclave or X-ray repair, Credibly fills the same-week gap while you wait on BHG for primary capital. Use Credibly for emergencies, BHG for planned capital events.
- My practice was declined by BHG because my FICO is 680 — Credibly or alternatives?
- Credibly is the structural primary alternative for sub-700 licensed practices in this pair. Credibly accepts 550+ FICO with 6+ months TIB and $15K+/mo revenue — most established healthcare practices easily clear these bars. For a 680 FICO dental or veterinary practice at $50K+/mo Credibly likely approves at factor 1.20 – 1.28 on $50K – $200K working capital (effective APR 30 – 55%). Beyond Credibly the alternatives for sub-700 licensed practices: (1) SBA 7(a) through SmartBiz Loans or Live Oak — SBA underwriting accepts 660+ FICO at APR Prime + 2.75 – 4.75% (materially cheaper than Credibly), but takes 30 – 60 days and requires extensive documentation. Worth pursuing if capital need has 6+ week lead time. (2) Funding Circle term loans at APR 7 – 25% — accepts 660+ FICO, faster than SBA (48 hours to 1 week), structurally cheaper than Credibly. (3) Kapitus Helix Healthcare financing — multi-product platform with healthcare-specific underwriting, accepts 625+ FICO at competitive multi-product pricing (MCA factor 1.18 – 1.45, term APR 25 – 45%). The 2026-06-28 playbook: improve FICO to 700+ for future BHG re-application, meanwhile use Credibly for fast capital needs and Funding Circle or SBA for cheaper planned capital.
- I run a home health agency (not personally a licensed clinician) — does BHG fund me?
- Probably not — BHG's underwriting model requires the borrower to hold a professional license (MD, DDS, DVM, OD, JD, CPA), not just run a healthcare-related business. Home health agencies, medical supply distributors, urgent care management companies, medical billing companies, and similar healthcare-adjacent businesses without licensed clinical ownership are structurally outside BHG's product even though they operate in healthcare verticals. The structural alternatives for non-licensed healthcare businesses: (1) Credibly — industry-agnostic, accepts most healthcare-adjacent business categories, $5K – $600K with 6-month TIB / $15K mo revenue / 550+ FICO floors. (2) Kapitus — broadest healthcare-adjacent product line with Helix Healthcare financing platform, accepts non-licensed healthcare-adjacent businesses at 625+ FICO. (3) Newtek Business Services — SBA + conventional + LOC for broader business categories including non-licensed healthcare operations, 660+ FICO for SBA / 640+ for LOC. (4) Bluevine LOC for qualifying merchants (12+ months TIB, 625+ FICO, $10K+/mo) — cheapest revolving capital option. The 2026-06-28 playbook for non-licensed healthcare-adjacent businesses: Bluevine LOC for cheapest qualifying capital, Credibly MCA for faster funding or weaker file grades, Kapitus or Newtek for multi-product flexibility. Skip BHG and Lendeavor / Provide — both structurally require licensed clinical ownership.